Some pointed out the regulator’s supposed hypocrisy, others told crypto-influencers to lawyer up, whilst a few poked fun at the reality TV star. The crypto community reacted with a mix of disbelief and amusement after reality star Kim Kardashian was fined for promoting the cryptocurrency EthereumMax (EMAX). The United States Securities and Exchange Commission (SEC)…
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The recently reintroduced seasonal ban on cryptocurrency mining has provoked backlash from the local crypto community. This week, the country’s power distribution company ordered miners to suspend activities citing electricity shortages during the hot summer months.
Restrictions on Crypto Mining Are Ousting Iran From Global Coin Minting Industry, Critics Say
After last year crypto…
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Scams have started exploiting the desire of many in the crypto community to support Ukraine’s efforts to withstand Russia’s military assault and help its citizens endure the conflict. As the country is raising millions in bitcoin, a report has indicated that fraudulent schemes luring donors to “help Ukraine” with cryptocurrency are on the rise. Crypto…
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Binance CEO Changpeng Zhao recently restricted the ability to comment on his Twitter posts, but only partially. Known for his social media-involved leadership of crypto exchange giant Binance, CEO Changpeng Zhao, or CZ, said he disabled Twitter comments on his posts to weed out the scammers. “To better respond and engage,” CZ told Cointelegraph he partially…
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